Mon, Dec 29, 2014, 9:12 AM EST - U.S. Markets open in 18 mins.

Recent

% | $
Quotes you view appear here for quick access.

InterOil Corporation Message Board

  • tarulestheday tarulestheday Feb 14, 2013 1:12 PM Flag

    Dry Hole Blowback Defined

    Many think that Adam Gefvert defined this term for the oil and gas industry. However, 'dry hole blowback' is really a new trading term that describes the affects of some of the largest institutional investors buying up larger and larger positions in a public company and eventually shrinking the float to almost zero. Dry hole blowback is the point at which 12 million short shares have no float to buy from and are trapped at the mercy of insider and large institutional holders. At a much higher price. The blowback bursting point could occur at any time but is highly likely to happen between February 27th and March 8th.

    Sentiment: Strong Buy

 
IOC
50.49Dec 26 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.